AK ELEKTRISKE AS: årsregnskap 2021 vs 2020
Grew 112% on revenue, weaker earnings
approved 2022-06-29; registry 2022-07-02; journal 2022 582278
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AK ELEKTRISKE AS. Revenue 810.1k NOK → 1.72m NOK (+112.5%). Net result +348.8k NOK → +26.3k NOK. Equity 13.30m NOK → 330.3k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AK ELEKTRISKE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 810.1k NOK to 1.72m NOK (+112.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +562.8k NOK → +40.3k NOK (op. margin 69.5% → 2.3%). Calculated
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↓
Net result weakened
Net result +348.8k NOK → +26.3k NOK (net margin 43.0% → 1.5%). Calculated
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↓
Equity eroded
Book equity 13.30m NOK → 330.3k NOK (equity ratio 1653.6% → 35.9%). Calculated
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↓
Cash fell
Bank deposits 136.5k NOK → 87.1k NOK (-36.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 426.5k NOK → 3.84m NOK (53% → 223% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 427 NOK → 450.1k NOK (+105320.4% YoY). Calculated